RLI Crosses Below Key Moving Average Level

In trading on Wednesday, shares of RLI Corp. (RLI) crossed below their 200 day moving average of $44.24, changing hands as low as $43.73 per share. RLI Corp. shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of RLI shares, versus its 200 day moving average: